Miller Howard Investments Inc. NY Makes New Investment in Bloom Energy Corporation $BE

Miller Howard Investments Inc. NY purchased a new stake in shares of Bloom Energy Corporation (NYSE:BE) in the 1st quarter, HoldingsChannel reports. The firm purchased 2,098 shares of the company’s stock, valued at approximately $284,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. WPG Advisers LLC increased its holdings in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after buying an additional 67 shares during the period. Hantz Financial Services Inc. boosted its holdings in Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after acquiring an additional 100 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Bloom Energy during the 4th quarter valued at about $28,000. Fifth Third Bancorp bought a new position in Bloom Energy during the 3rd quarter worth approximately $32,000. Finally, McMillan Office Inc. bought a new position in Bloom Energy during the 4th quarter worth approximately $37,000. 77.04% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Bloom Energy news, insider Satish Chitoori sold 2,837 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07. Following the transaction, the insider directly owned 207,417 shares of the company’s stock, valued at approximately $59,966,328.87. The trade was a 1.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 55,000 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the completion of the transaction, the director owned 238,333 shares of the company’s stock, valued at $70,949,350.77. This trade represents a 18.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 230,274 shares of company stock valued at $58,696,472 over the last three months. Insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Zacks Research raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Wells Fargo & Company increased their price objective on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Barclays raised their target price on shares of Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a report on Tuesday. BMO Capital Markets reaffirmed an “outperform” rating on shares of Bloom Energy in a research note on Tuesday, June 9th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $335.00 price target on shares of Bloom Energy in a report on Wednesday, June 10th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $224.36.

Bloom Energy News Summary

Here are the key news stories impacting Bloom Energy this week:

• Positive Sentiment: Bloom Energy is being highlighted as a hot AI infrastructure and data-center power play, with articles noting that rising power demand from AI builds is driving investor enthusiasm. This AI Infrastructure Stock Is Up 14X in the Last Year (Hint: It’s Not Micron)
• Positive Sentiment: Bloom Energy has been included in market commentary as one of the stocks powering the AI boom, reinforcing the idea that demand for its products is tied to a strong secular growth theme. CAT stock hits $1,000 on AI demand: Here are two other stocks powering the boom
• Neutral Sentiment: Several recent articles focus on whether Bloom Energy is now too expensive after its massive rally, suggesting valuation is becoming a bigger issue for investors even as the AI story remains intact. Is It Too Late to Buy Bloom Energy Stock After Its 1,410% Gain?
• Neutral Sentiment: Bloom Energy was also featured in roundup and investment-ideas articles, which mainly reflect ongoing market attention rather than a new business update. Zacks Investment Ideas feature highlights: Bloom, Oracle, Brookfield Asset Management, Crescent and Diversified Energy
• Negative Sentiment: Recent coverage also points to a sharp pullback after the stock’s run-up, with one report noting Bloom Energy declined more than the market, underscoring that investors may be taking profits amid the huge advance. Why Bloom Energy Stock Tumbled Today
• Negative Sentiment: Some commentary warns the stock may be priced for perfection and vulnerable to an AI-energy bubble narrative, which could weigh on sentiment if investors grow more cautious about the valuation. Famous Short-Seller Says We’re In an AI Energy Bubble. Will Bloom Energy Prove Him Wrong?

Bloom Energy Trading Up 0.6%

BE opened at $323.89 on Thursday. The business has a 50 day simple moving average of $272.16 and a two-hundred day simple moving average of $183.38. The firm has a market capitalization of $92.13 billion, a price-to-earnings ratio of -6,476.42 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. Bloom Energy Corporation has a one year low of $21.50 and a one year high of $349.99.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business’s revenue was up 130.4% on a year-over-year basis. During the same quarter last year, the business posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Analysts predict that Bloom Energy Corporation will post 1.31 EPS for the current year.

Bloom Energy Profile

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.